Get Help Paying Rent Bills

Missing even a single month's rent can put your finances into a tailspin. Late fees begin to pile up, your landlord starts pressuring you for payments, and—sooner or later—you're hit with the next month's rent. Leave it any longer and your credit score could even drop. Yet you don't have to struggle to cover rent thanks to assistance programs and support from your community.

If you are struggling to afford your rent, you may be eligible for government assistance through several state and federal programs. If you cannot qualify for government financing, you may be able to seek help through a non-profit organization, your local community, or with a loan from a bank or short-term lender.

Times may be growing difficult but you are not alone. There are plenty of options to help you cover your rent, so rest assured that you won't be evicted and your credit will survive. Please continue reading to learn more about available assistance programs, local organizations that can offer support, and where to turn when all else fails.

How to Find Financial Support When Your Rent is Due

If you are worried that you won't be able to make your rent this month, we recommend first speaking with your landlord. If you can guarantee payment within a week or two, they will probably be willing to defer payment until then. However, if you are several months behind and risk eviction, you can find support through these avenues:

  • Family and Friends – Your parents, siblings, or even a close friend may be able to pitch in some money to help cover late fees and back payments. This way, your credit won't be affected and you can stay afloat until you next get paid. Just be sure to be transparent and try to pay them back as soon as possible to avoid conflict.
  • Federal and State Housing Programs – Both the local and federal governments provide rent assistance and housing for families in need. Eligibility for these programs is determined by your income relative to the local median income, though, and you will likely have to wait several weeks for approval. However, if you qualify, government assistance can greatly reduce the burden of monthly rental fees.
  • Non-Profits and NGOs – Humanitarian programs such as the Salvation Army and American Red Cross offer direct financial assistance for families at risk of missing their rent. However, the Salvation Army only offers a one-time payment so, if you have already requested their help, you may be denied in the future.

Is it Wise to Use a Credit Card to Pay Rent Late Fees?

If you are only a few days late on your rent and face a late fee as a result, it may be tempting to simply put the fee on your credit card. This will help you avoid eviction and keep your credit score intact. However, we advise against this for two reasons:

  • Credit card late fees are often much higher than rent late fees, so you will end up paying more in the long run.
  • If you cannot pay off your credit card balance within a few months, you will begin accruing interest on the outstanding amount. This can quickly spiral out of control, leaving you with a much larger debt to pay off.

If you decide to use your credit card to pay off rent late fees, be sure to make a plan to pay off the debt as soon as possible. Otherwise, you could find yourself in even more financial trouble down the line.

Apply for a Short-Term Loan to Cover Your Rent

If your friends and family are unable to support you during your time of need, you can apply for a personal loan through a bank or a payday loan with a direct lending service. A loan for rent will provide upfront cash to help cover your rent and back payments, helping to eliminate late fees and ease your debt. However, before applying for a loan, be sure to do your research into your best options. We've compiled a quick rundown of everything you'll need to know ahead of time.

Bank Loans Vs. Payday Loans?

If you're in a pinch and need to make a payment as soon as possible, you'll want to choose the fastest option. Unfortunately, the application and qualification process for a bank loan is overly long and complicated. Furthermore, your credit score will determine whether you're eligible for institutional support.

If you don't have time to wait for a bank or lack the credit for an institutional loan, a payday loan can help you access inclusive financial support without the rigmarole of a credit check and verification process. Simply provide proof of income and you could qualify within minutes.

What You'll Need to Apply for a Payday Loan

Before starting an application, we recommend compiling a few documents to support your request:

  • Proof of employment or income in the form of two recent paystubs, deposit slips, or bank statements
  • Bank account number and electronic routing number
  • Address
  • Name, telephone number, and email address

 

If you can provide this information, you will likely qualify within minutes. After accepting the lender's terms and conditions, they will deposit funds into your account and you can pay your rent by the end of the day.

Don't Fall Further Behind When You Have Options

If you won't be able to make your rent this month, there are plenty of ways to find support. We recommend first speaking with your landlord to see if you can defer payment until your next paycheck. If this isn't an option and you risk eviction, you can apply for government assistance, seek help from a non-profit organization, or take out a payday loan from a short-term lender.